Despite Fed cut, mortgage rates went up in eventful week [Yahoo! Finance]
NerdWallet, Inc. (NRDS)
Company Research
Source: Yahoo! Finance
The average rate on the 30-year fixed-rate mortgage climbed 11 basis points in the week ending Nov. 7, to 6.86%, according to rates provided to NerdWallet by Zillow. A basis point is one-one hundredth of a percentage point. Observers struggle to pinpoint why rates went up. The October employment report , released Nov. 1, showed weaker-than-expected job gains. Normally, mortgage rates would drop, or at least level off, in reaction to a disappointing jobs report. But the 30-year mortgage edged higher. Markets might have concluded that the job market's poor showing in October springs from temporary factors: labor strikes and business closings caused by hurricanes Helene and Milton. In that case, investors concluded that people would soon get back to work and that the weak jobs number didn't foreshadow a faltering economy. That line of reasoning gave mortgage rates the green light to keep rising. This week's increase in mortgage rates marked the continuation of a brutal seven-week
Show less
Read more
Impact Snapshot
Event Time:
NRDS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
NRDS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
NRDS alerts
High impacting NerdWallet, Inc. news events
Weekly update
A roundup of the hottest topics
NRDS
News
- How Dr. Oz could change Medicare under President Trump [Yahoo! Finance]Yahoo! Finance
- How Dr. Oz could change Medicare under President Trump [Fortune]Fortune
- How to optimize your holiday travel budget on 'Travel Tuesday' [MSNBC.com]MSNBC.com
- How to optimize your holiday travel budget on ‘Travel Tuesday' [CNBC]CNBC
- Target Circle: What you need to know about the store's loyalty program [USA TODAY]USA TODAY
NRDS
Earnings
- 10/29/24 - Miss
NRDS
Sec Filings
- 11/14/24 - Form SC
- 11/12/24 - Form SC
- 11/7/24 - Form SC
- NRDS's page on the SEC website